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<br /> , ,µ Z'pQ�TEiER WITH all the improvements cnw ar ht�eafter crested an th�p�TtY• and all easements.aPPurtenances.and F�::-.
<br /> � .:
<br /> . `� fixtures naw or he�eafter� a part of t�e prap.rtY. A41 rep�ments and additiaas shaIl also Ise wvered 6y thi§ tY �__
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<br /> �`;'o... �nmument.Ail of the foregoing is referrld to in this S�rity Insorumeni as the°Praperty.' '�''
<br /> �ORROWER COVENANI`S ti�at Bo�wer is lawfidlly SeiYed of the estute hertby�onveyed and Q�the nght to ga�tt�d i--
<br /> - wnvey the PraPxrtY an�that the Propecty is uneacumbered. except for encvmDrattees of reeord. �orrower wamnrts aud wil} �--
<br /> `� �`<, defead generalty the tide to tDe PrupertY a;ainse all ciaims and dem:utds.subjest to any e�u�mbran�ces of reeord. ti
<br /> ' '�g�EC11RIifY INS'�tiJA+lENT combiaes uniform ooveuants for national use arxr�non-unifomi covenu►ts wi9h timited ;�
<br /> variations by jnrisdicxion w wnstir.ute a uniform security ensuumznt rnvering r�1 psnpertY• . . �_:
<br /> UMFORM COV�NANTS.Borrawer and I.er.der�nvenant ar�d agree as fallows: tl a when due the '�.�
<br /> 1. Psym�nt oi @sIacigal and Inieres�PreF�Y�e�d I.sEe C1�eg2�. L�isoe�er sl�all prarBP 9 P Y --
<br /> ;.,_
<br /> �,.:,. principal of and interest an the debt evidenoed by the Note aad any prepayment ana Eate charges due under the Kote. ;�•
<br /> - �,F�ds for Tax�s snd Insuranoe• Subject co apFlirabie!aw or to a�vritten vraiver by Lender. Borrower shall paY to
<br /> �; ` Lender on th°day ciontl�y pay�ents are due under tfle Note.wuil Yh2 Noie is pud in fuli.a sum("Funds")for.{a)yearlY t�aces _.
<br /> ��sessmeAyS y�hich may attain priority over this Seauiry Insaume�t as a lie�on t6e PropertY: N)Y�Y 1�0td Qaymeats
<br /> .�f any;(c)Yesr1Y hazard or ProPertY insu�anc�Fremiunas:(d)Yea�rt5+fto�irsuiance pre�iwns, ;�
<br />_�r��, OT�I+DUIIH ft'ATS OA fI1E P[OpEE1[Y � U 7S =-
<br /> � if nny(e)YearlY mortgaBe insaranoe Piemiums,if any and(�anY sums Payable by�nrmwer to Ixnder.in aooardanoe with �_
<br /> : ..', Eal a�
<br /> '�'���5<., the�rovisions of paiagrdph 8,in ueu of the payrment Qf mortgags ius9uance P�miums.These items are rali�°Eurow Items.° i
<br />`�!=s�;���- ���y� ��y�� �u�t and hold Funds in an amnunt nat to exooe�the��ount a lender for a federally �—
<br />_�".;";:JJ5 mlated rQOngage loan ma3+tequire for Borrower's escn�w a000unt ander the feilsrai Real Bstate Settlament Fraaeaures Act of t
<br /> w��•:;.:�:. -__
<br /> - � 1974 ss amen�fmm time to time. }2 U.S.C. Sectian 2601 et seq. t'RFSPA"),u�nless w►other Iaar tbat agplies to!he Fuuds
<br />`ro`.:;;��7,2 sets a tes5er amaant If so.Ilnd�t�y at ac►Y time, wlte.ct and 6oid Funds in an amount nat to exce�tlze lesssr amnunt. ,r,
<br /> • ''::5`: Letfder may estim�te�che a�ouct of Funds due an the basis o€cumeut data and reasonable estimates of expenditur�s of future l�
<br /> � � ' Es�m�items ar ath.��e in acxordaace wit�appficabie law. --
<br /> �''�•��. 7�Funds shall be held in an instiprtion wflose depnsits are insured by a fedeial agency. in�t�vmeIItalitY• or entity _
<br /> (incIdding Lender,if I.eader is such�instinrtion)or in any Fateral Home Loan Baak. I.�der shnll agpL:r tF�e Faads t4•pay the ---
<br /> ::__-.�'`. 'r C�e�crow�onn�ur --
<br /> - ..`. Esccow Items.Lender may not chuge Borrower for flaiding attd applying the Fands.annuallY�Y�
<br />..`° ' �CBb��W El�t5 I.CII�CY,tO Ii131CB SAC�I. ��.
<br /> ��;. v the Fscrow Items,unte.ss Leades PaYs Bosower i�on the Funds and app P .e
<br /> • erifying rtin ssnrivs _. .
<br /> , a cbatgt.However.Lenider may require Barrower to pay a on�time charge for an iadependent real�tax� ls made ar �
<br /> . . . used by Lender in wnneciion witlx,th�s toaa. emless applicable law provides otherwise. UnD�ss an ag�emeat � ;�,
<br /> licable taw r interest ta l��aid,Lender sfiall nat be required to pay Borrower anv�interest ar eamings on the Funds.
<br /> : • .. app eqaires
<br /> • Borrnaer snd Leader may agce�i���vririna,however,that interest sha116e paid on tf��ds.I.�ader sball give w Barrower. --
<br /> � withoue chazge,an annua!accoc�..g of the Funds, shoazng credits a�zd debits to the Funds artd the P�Pase for whie�eaeb
<br /> ut
<br /> defsit w the Funds�vas m2de.'iiie�unds are pledged as additional security Gas all sums secured by this Securicy Instrument.
<br /> Lf tl�e Funds hetd iry Lender�.�ecl the as�--nuats permitted to be held 6F aPPlicab2e law,Lender st�tl account w Bormvrrer
<br /> ' for.11t�¢�xcess Funds in aocard��'ds ihe�rements of applicabie law.If the amoant of the Fu�f.eid by Lcnder at any. .. ; i.�"
<br /> ti�:��:^.ot s�fficient to pay the E�:e,�t Items w-�+.�e�due,Lc-c�iLr.anay so aadfy Borrower ia�w-�itin�,�.,�;sucb��rrower __
<br /> -Ci
<br />" . 3halj�ay to Lender.the amount�;v�sary tn r�w UP the e���ciency.Borcowei shall mafce up the -��i�zncy'in sr,r s°,ore than
<br /> .:�• s.; ;
<br /> ., . � twelvg monthly payments,at Leiut�r's sole diw��:�. ---
<br />- : . (�a PaYment ia full of.'�sums secu�3`�y this SecuritY Tnstmment, Lender sball pmmptly �'und W Boaower any
<br /> � Fwrd.�•I�etd by Lender.If,undecratagraPh 21.Lender shall acquire or sell the Property,Lender,Prior to the acqui�ition or sale
<br /> . ' of the'�coperty.shaU aPPtY un!"�'''=nds hetd by L.ender at the tvne of acquisItion or sate as a ctedit against the sams secu�d by .
<br /> this Security Iastnun�^�. received b �cader under paragiaphs ... .�•
<br /> , � 3.Ap�&�tiooi:r�Faym�ts.Uutess ayplisable law provides othernise.all PaYmc�s y.. ,. _
<br /> ' l anc12 shall be�applied:fust,[o any prapayment ci�arges due under the J�ote:second,to amounts pxVt�le under paragiaph 2; ..
<br /> .. third,ro imerest due;fo�rth.co principal due:and las�to any.i�a�chaTSes due under the Note. �":'
<br /> 4.Ci�es;I.iet�.Borrower shall pay all taxes.ass��nts,d�arges.fines atd impositions aitributable to du:1�P��Y
<br /> ' ahiw''�may zttain priority oveY dus Security Insuument,an6 teasehatd payments or grouod renu.if any.Borrower shalt pay
<br /> ' ' ' these obligations'tn ti�e cnanner provided in patagraph 2.or if not paid in that manner, BarroweT•'shall.I?�1'.th�oa time djrecel}i �
<br /> • to the persva owod paymer►t.Rorrower slrall pmmpt�Y fumisti to Iender all norices o�amounts to t�e�usd undeF.'this patagrapb.
<br /> . , if Borrower mlkes these�ay�nts directty,Borrawer sha11 promPdY fumish to Lender rooeEDts�vi�:'t7i8�e PaY��.
<br /> : : Borrawee shall yromptlY disci�arge aay lien which Bas priority over this Secvrity Im�tt�z�i u:d[ess�orrower:(aD agrees in
<br /> , writing w the payment of ttce obllgation secured by the lien in a marmer acceptable to I,u�i�ilYi��b j contests in good faith the lien Fi
<br /> . • by. or defends ag�:nse enforcement of the{ien in, Ieg�l proce�inas wtuch in the Lt�der's opiauan opejate to preveut t6e �
<br /> • � enf'arcement of ttv�fir.,n:ar I�?se�ures from the holder of the i�en an g�'c�^-�nt satisfacinry to�a�.f�subordinat�n$tho Hen to . ,
<br /> ' ��i�stuity Instnunent-If Lender determines that any part of the Propet�ty is sabject to a lien whisi�:may�in prioriry over ' :: • • --
<br /> ttu�:Si,*curity Instrument.Leader may give Borrower a.noti,a�identifyiag the lien.Borrower shall ssitisfy+.che lien_ar t�ise oae or ; �
<br /> '::� „ nnai}t of the acdo�ss set furth above within 10 days of the giviag of notice. ,
<br /> . .�:,� .' . . Form 3028 9/90
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